Categories: Insights and analysis

Daily crypto opportunities: When is DOGE coming out of hibernation, bonuses from Bolide, and more

Published by
Tanja Nechet

Ready to dive into the blockchain rollercoaster of unpredictable gains and heart-stopping dips? Buckle up your virtual seatbelts and hold onto your private keys, because we’re about to embark on another wild ride together!

Opportunity 🔔 1: Collect bonuses from Bolide

Get a minimum of $50 (and a couple hundred at most) on an airdrop from Bolide project. Bolide.fi is a self-custody DeFi yield optimization platform with a simple UI and “deposit-n-go” philosophy.

Go to their site and do all the tasks listed on their page, starting with “Daily connect.” Despite the large number of tasks, they are all simple; most of them are just to follow and join different social networks.


Opportunity 🔔 2: DOGE wants to break out of a two-year stint

Dogecoin ($DOGE) has been trading inside a triangle pattern since 2021. DOGE has been showing a bullish trend for the past few weeks. Therefore, FieryTrading analysts analyzed what could happen to Elon Musk’s favorite token if it could get out of the two-year pattern.

The brand new newsletter with insights, market analysis and daily opportunities.

Let’s grow together!

Assuming that DOGE’s bear market low is passed, it is likely that DOGE will only go up in the future.

Stop below the recent June lows and target near the $0.70 high.

*Any technical analysis, in the long run, cannot accurately predict the movement because now is a very tough market and the news can swing currencies in all directions


 

Opportunity 🔔 3: LayerZero activity hunting

Merkly is an NFT bridge that supports multiple networks using LayerZero-based technology. Merkly allows you to make NFT breeches from the zkSync Era network to the Meter network, and this action will count as activity in LayerZero. However, the project is relatively new; this is something to keep in mind.

Expenses can be around ~ $2, depending on the network, so be careful. If you wish, you can use the “Turbobridge feature. With this feature, you can send NFTs from one network to several other networks at once in one transaction.

Also, the project has a Gas Refuel function. When using it, keep an eye on the commission.

LayerZero is a Layer 0 protocol, or, in other words, an omnichain that allows for easy linking of different blockchains and thus pooling of liquidity between them.

The project has raised $135M from funds such as Sequoia, a16z, FTX, Coinbase, and many others. The project gives bonuses to participants for their activities. But since it is not known exactly what actions to perform, the higher the activity, the better.

Step-by-step guide:

  • Go to the website and connect your wallet;
  • Select the zkSync Era network;
  • Mint NFT and bridge to the Meter network;
  • Optionally, move NFT to other networks.
Tanja Nechet

Recent Posts

DTCC and Chainlink Conclude Tokenization Pilot with Major US Banks

The Depository Trust & Clearing Corporation (DTCC), the world's largest securities settlement system, alongside blockchain…

10 hours ago

Aiden Pleterski, Dubbed ‘Crypto King’, Charged with Fraud and Money Laundering

Canadian authorities have charged Aiden Pleterski, a self-proclaimed "crypto king" and well-known social media figure,…

11 hours ago

Over 600 Companies Report Billions in Investments in Bitcoin ETFs

Recent 13F filings with the U.S. Securities and Exchange Commission (SEC) show that over 600…

1 day ago

Swiss Government Moves to Implement Global Crypto Tax Reporting Standards

Switzerland is taking steps to align with international crypto tax reporting standards by planning to…

1 day ago

Token talk: your weekly update

Hey Crypto Enthusiasts! 👋   🚀 The crypto market is flying up Bitcoin and altcoins…

2 days ago

Over One Million New Crypto Tokens Launched Since April, Dominated by Memecoins

Since the beginning of April, the cryptocurrency market has seen the creation of over one…

2 days ago